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Canada Government Supports Tree Island Industries

Steel News - Published on Thu, 08 Aug 2019

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Mr Joe Peschisolido, MP for Steveston Richmond East, on behalf of Mr Navdeep Bains, Canada’s Minister of Innovation, Science and Economic Development and Minister responsible for Western Economic Diversification Canada, announced CAD 1.0 million in funding for two Lower Mainland companies in the steel and aluminum sector. With CAD 1 million in funding, Tree Island Industries, a well-established steel wire manufacturer, will purchase equipment that uses drawn and galvanized wire to produce innovative, high-demand livestock fencing. This investment will help the company respond to market opportunities and create new jobs for local residents.

Dale MacLean, President and CEO Tree Island Steel, said "Tree Island Industries is very grateful to receive funding from Western Economic Diversification Canada to invest in state of the art equipment, helping drive our market expansion and sustainable growth with new and innovative products."

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Posted By : Ratan Singh on Thu, 08 Aug 2019
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